Manzooran Moula Baksh Group


Status: Paying Back - Delinquent

$800.00   Loan Amount
4% repaid

About the Group

Group Name: Manzooran Moula Baksh Group
Group Members: Manzooran Moula baksh
Shahnaz begum Abdul majeed
Kalsoom akhtar Ghulam qadir
Parveen akhtar Zahid islam
Location: Borewala, Pakistan
Activity: Motorcycle Transport

About the Loan

Loan Amount: $800.00
Loan Use: To repair her husband's auto-rickshaw
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2009
Date Disbursed: May 26, 2009
Date Funded:Jun 18, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:81.0600 PKR = 1 USD



My name is Manzooran and I have been a citizen of Borewala, Pakistan for the last eleven years. Borewala is famous for its shrines. I own a two-room house in this city.

My husband’s name is Moula baksh and he is an auto-rickshaw (a local three-wheeled motor vehicle) driver. He has four years of experience in this business. I’m applying for a loan to repair my husband’s auto-rickshaw because it’s creating trouble and it requires an urgent repair otherwise the engine becomes seized.

I’m the group leader of three other women from my locality:

Shahnaz begum baji wants a loan to buy clothes for her clothes-selling business.

Kalsoom akhtar baji wants a loan to buy an auto-rickshaw.

Parveen akhtar baji wants a loan to buy toys for her toy shop.

Note: In the photo, Shahnaz begum baji is showing her clothes variety.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for Manzooran Moula Baksh Group


Loan has been disbursed
 
Entrepreneur: Manzooran Moula Baksh Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to Manzooran Moula baksh Group, consisting of Manzooran Moula baksh, Shahnaz begum Abdul majeed, Kalsoom akhtar Ghulam qadir, Parveen akhtar Zahid islam by Asasah, a partner of Save the Children in Pakistan. We are excited to watch this business grow. Over the 11 months of this loan, Asasah, a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Borewala, Pakistan
Jun 19, 2009
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Kiva Help Repayment Schedule for Manzooran Moula Baksh Group

  Expected Repayments Actual Repayments Comments
August 2009 $34.78 $36.51 Repayment Received
September 2009 $69.56 $0.00 Delinquent
October 2009 $69.56 $0.00 Delinquent
November 2009 $104.34 $0.00 Delinquent
December 2009 $69.56 Available Dec 1  
January 2010 $69.56 Available Jan 1  
February 2010 $69.56 Available Feb 1  
March 2010 $69.56 Available Mar 1  
April 2010 $69.56 Available Apr 1  
May 2010 $104.34 Available May 1  
June 2010 $69.62 Available Jun 1